期刊名称:CORE Discussion Papers / Center for Operations Research and Econometrics (UCL), Louvain
出版年度:2008
卷号:1
出版社:Center for Operations Research and Econometrics (UCL), Louvain
摘要:The inception of the Emission Trading System in Europe (EU-ETS) has made power price more
expensive. This affects the competitiveness of electricity intensive industrial consumers and may
force them to leave Europe. Taking up of a proposal of the industrial sector, we explore the
possible application of special contracts, based on the average cost pricing system, which would
mitigate the impact of CO2 cost on their electricity price. The model supposes fixed generation
capacities. A companion paper treats the case with capacity expansion.
We first consider a reference model representing a perfectly competitive market where all
consumers (households and industries) are price-takers and buy electricity at the short-run
marginal cost. We then change the market design assuming that large industrial consumers pay
power either at a single or at a nodal average cost price.
The analysis of these problems is conducted with simulation models applied to the Northwestern
European market. The equilibrium models developed are implemented in the GAMS environment.
关键词:average cost pricing, complementarity conditions, EU-ETS, Northwestern Europe
market.